The only comparison that I can make is take a look at the Lisbon Field. They are in the same geology as Goldan Eagle. They have 225 feet. We have 131 Feet.
The Lisbon Field has been PRODUCING since 1960. Yes thats right 1960.
They have also drilled dozens of wells some succesful and some not...but the returns are More than Not.
I have been in since PB#1...it has been a learning process, but now I know the difference between Wildcat well, Exploration Wells and Production Wells.
We have a combination of all three in PB#1, PB #2, PB#3. You can't have a production well without the first two.
Gotta crawl before you walk...too many people have wanted this to have hit the ground running...including me all those years ago in PB#1.
You live, learn and understand, then you can make informed decisions.
excellent result, page-10
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